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| Exchange Disseminated Time | Binny Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 01, 2014, has transacted the following businesses:-
1. The Board is informed about the Joint Development Agreement (JDA), finalised by the Company for development of its land for integrated township with M/s. SPR Group on Joint Development Model subject to the approval of shareholders through Postal Ballot.
2. The Board has accorded its in-principle approval for the merger of M/s. Mohan Breweries and Distilleries Limited, a Company under the same management along with its Subsidiary, M/s. Arthos Breweries Limited with M/s. Binny Limited and directed the Company to submit the scheme of merger for final approval. |
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